Century Aluminum Stock Buy Hold or Sell Recommendation

CENX Stock  USD 15.20  0.42  2.84%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Century Aluminum is 'Strong Sell'. Macroaxis provides Century Aluminum buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CENX positions. The advice algorithm takes into account all of Century Aluminum's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Century Aluminum's buy or sell advice are summarized below:
Real Value
11.64
Hype Value
15.08
Market Value
15.2
Naive Value
15.3
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Century Aluminum given historical horizon and risk tolerance towards Century Aluminum. When Macroaxis issues a 'buy' or 'sell' recommendation for Century Aluminum, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Century Aluminum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.
In addition, we conduct extensive research on individual companies such as Century and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Century Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute Century Aluminum Buy or Sell Advice

The Century recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Century Aluminum. Macroaxis does not own or have any residual interests in Century Aluminum or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Century Aluminum's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Century AluminumBuy Century Aluminum
Strong Sell

Market Performance

OKDetails

Volatility

Somewhat reliableDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Not AvailableDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Century Aluminum has a Mean Deviation of 2.89, Semi Deviation of 3.28, Standard Deviation of 3.76, Variance of 14.15, Downside Variance of 12.25 and Semi Variance of 10.77
Our trade advice tool can cross-verify current analyst consensus on Century Aluminum and to analyze the company potential to grow in the current economic cycle. To make sure Century Aluminum is not overpriced, please confirm all Century Aluminum fundamentals, including its price to sales, short ratio, z score, as well as the relationship between the cash per share and market capitalization . Given that Century Aluminum has a price to earning of 5.08 X, we suggest you to validate Century Aluminum market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Century Aluminum Trading Alerts and Improvement Suggestions

Century Aluminum had very high historical volatility over the last 90 days
The company reported the previous year's revenue of 2.19 B. Net Loss for the year was (43.1 M) with profit before overhead, payroll, taxes, and interest of 46.7 M.
About 65.0% of the company shares are held by institutions such as insurance companies
Latest headline from benzinga.com: Century Aluminum And Cleveland-Cliffs Selected For DOE Funding Newmont Sells Akyem Gold Mine And More Mondays Top Mining Stories

Century Aluminum Returns Distribution Density

The distribution of Century Aluminum's historical returns is an attempt to chart the uncertainty of Century Aluminum's future price movements. The chart of the probability distribution of Century Aluminum daily returns describes the distribution of returns around its average expected value. We use Century Aluminum price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Century Aluminum returns is essential to provide solid investment advice for Century Aluminum.
Mean Return
0.36
Value At Risk
-4.4
Potential Upside
5.70
Standard Deviation
3.76
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Century Aluminum historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Century Aluminum Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Century Aluminum or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Century Aluminum's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Century stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.32
β
Beta against NYSE Composite0.21
σ
Overall volatility
3.84
Ir
Information ratio 0.06

Century Aluminum Volatility Alert

Century Aluminum shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Century Aluminum's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Century Aluminum's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Century Aluminum Fundamentals Vs Peers

Comparing Century Aluminum's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Century Aluminum's direct or indirect competition across all of the common fundamentals between Century Aluminum and the related equities. This way, we can detect undervalued stocks with similar characteristics as Century Aluminum or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Century Aluminum's fundamental indicators could also be used in its relative valuation, which is a method of valuing Century Aluminum by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Century Aluminum to competition
FundamentalsCentury AluminumPeer Average
Return On Equity-0.14-0.31
Return On Asset0.012-0.14
Profit Margin(0.02) %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation1.69 B16.62 B
Shares Outstanding92.7 M571.82 M
Shares Owned By Insiders44.08 %10.09 %
Shares Owned By Institutions65.15 %39.21 %
Number Of Shares Shorted6.87 M4.71 M
Price To Earning5.08 X28.72 X
Price To Book3.65 X9.51 X
Price To Sales0.59 X11.42 X
Revenue2.19 B9.43 B
Gross Profit46.7 M27.38 B
EBITDA106.6 M3.9 B
Net Income(43.1 M)570.98 M
Cash And Equivalents64.8 M2.7 B
Cash Per Share0.71 X5.01 X
Total Debt503.4 M5.32 B
Debt To Equity0.99 %48.70 %
Current Ratio1.87 X2.16 X
Book Value Per Share3.84 X1.93 K
Cash Flow From Operations105.6 M971.22 M
Short Ratio5.37 X4.00 X
Earnings Per Share(0.47) X3.12 X
Price To Earnings To Growth(1.36) X4.89 X
Target Price12.5
Number Of Employees2.94 K18.84 K
Beta2.67-0.15
Market Capitalization1.3 B19.03 B
Total Asset1.85 B29.47 B
Retained Earnings(2 B)9.33 B
Working Capital4.1 M1.48 B
Note: Disposition of tradable shares by Kenneth Calloway of Century Aluminum subject to Rule 16b-3 [view details]

Century Aluminum Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Century . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Century Aluminum Buy or Sell Advice

When is the right time to buy or sell Century Aluminum? Buying financial instruments such as Century Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Century Aluminum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Fabricated Products
Fabricated Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 10 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Fabricated Products Theme or any other thematic opportunities.
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When determining whether Century Aluminum offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Century Aluminum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Century Aluminum Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Century Aluminum Stock:
Check out Century Aluminum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Century Stock please use our How to Invest in Century Aluminum guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Century Aluminum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Century Aluminum. If investors know Century will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Century Aluminum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Century Aluminum is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Century Aluminum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Century Aluminum's market value can be influenced by many factors that don't directly affect Century Aluminum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Century Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Aluminum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.